“Over the weekend, The New York Times profiled Apple’s retail operations and controversially touched upon Apple’s retail employees,” Mark Gurman reports for 9to5Mac. “The profile put out a simple, yet controversial, statement about the wages given to those who act as ushers for turning people into new Apple customers and product advocates.”
About 30,000 of the 43,000 Apple employees in this country work in Apple Stores, as members of the service economy, and many of them earn about $25,000 a year. They work inside the world’s fastest growing industry, for the most valuable company, run by one of the country’s most richly compensated chief executives, Tim Cook. Last year, he received stock grants, which vest over a 10-year period, that at today’s share price would be worth more than $570 million. – David Segal, New York Times, June 23, 2012
Gurman reports, “The NYT goes on to say that each employee, while making an average of $25,000 a year, nets Apple approximately $473,000 per year. With the profile and the above statements in mind, we polled several current and some former Apple retail employees about their thoughts on the profile. We provided a few guiding questions that many of the employees used to compile their answers. Some employees defend the NYT’s article, and some completely disagree. The breakdown of feelings towards Apple Retail is interesting.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]